Lawyers for professional services group RSM Tenon have raised "serious concerns" about the quality of PwC's audit and advised Tenon may have a legal claim, according to reports.

A strong performance from US and Asian stocks has helped push global equity indices to their strongest start to a year since 1998.

The S&P 500 closed at its highest level since May 2008 after Fed chairman Ben Bernanke hinted the US central bank would keep in place its supportive monetary policy.

Few VCTs are upbeat nowadays - they are either fretting over the state of their portfolio, or their next fund, but one manager has just experienced a record number of deals.

Prudential has been forced on the defensive over an e-mail sent to thousands of staff in which a senior executive appears to make a series of disparaging remarks about FSA policies.

VCTs

BUDGET 2012

Investment Week, Professional Adviser's and IFAonline's sister title, has a new look, with its first revamped issue out today.

Warren Buffett has chosen who will succeed him as the new head of Berkshire Hathaway, but has not yet revealed the identity of the favoured one to shareholders.

Britain will avoid a double dip recession and modest growth should restart later this year, according to the CBI.